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be <br />RESOLUTION NO <br />08-080 <br />City of New Brighton <br />County of Ramsey <br />State of Minnesota <br />ion Adopting the Proposed Tax Levy for Taxes Payable in 2009, the Proposed 2009 <br />l Fund Budget and Setting the Dates for the Initial Truth in Taxation Hearing and <br />Cation Hearing <br />the City has completed initial work on the 2009 Budget, and <br />the preliminary budget requires a proposed tax levy of $7,395,708 for taxes payable in <br />and <br />the City is required to certify a proposed 2009 levy to Ramsey County on or before <br />r 15, 2008, and <br />eas, the proposed tax levy will become the "maximum" that will be levied for 2009; the final <br />tax levy adopted in December may remain at this level or be reduced, and <br />ts, there will be no specific tax levies in 2009 for debt; debt service requirements for 2009 will <br />with other financing sources, and <br />o, the proposed General Fund budget has been prepared for 2009; the proposed 2009 budgets <br />in December may be amended, and <br />the City is required to set dates for its initial Truth in Taxation Hearing and Continuation <br />if necessary. <br />Therefore Be It Resolved that: <br />1. a proposed levy for taxes payable in 2009 shall be $7,395,708. <br />2. ere will be no separate specific tax levies for debt in 2009. <br />3. a attached proposed General Fund budget for 2009 is approved as $13,210,600. <br />4. Truth in Taxation hearing will be held Monday, December 1 st, at 6:30 p.m., and a continuation <br />wring, if necessary, will be held December 9`h at 6:30 p.m. <br />?ted this 8th day of September, 2008. <br />ATTEST": - <br />A. Maiers <br />or of Finance and Support Services <br />"Vk N NON <br />Steve Larson, Mayor <br />